Did you wind up using one of the above property managers?

Correct but this will be a STR in a prime market with pool and by beach so I am sure I can manage to break even

If it's within an HOA, call the HOA's property management company and ask them if they know any of the history of the lot and if they see any constraints to building it and what steps it would take with them to build on it in conformance with their CC&R's.

This is wrong question to begin with.The right question: do you know any good fund manager that has proven track record with 15-20IRR in the last ten year ?

Management - between myself and a super I work with I think management of the job will be straight forward.

We are looking for a structure that will permit us to easily raise money without complicating the management level.Curious to know what people recommend for jurisdiction and structure for such an entity.Thanks in advance for your help!

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $260,000

Cash invested: $5,000

This was a short term lease option agreement to help the original owner get back on tr...

Anyone else have any recommendations on best way to manage this? 

We own and manage a couple of small multifamily homes. 

As a landlord you may receive rent from the government but you still must manage their ward/your tenant by your standards.If you screen and allow tenants with below average credit scores there is no doubt you will be effected by this tenant.